DTE Energy Company (DTE) fair value: what the stock is really worth
We calculate from audited financials what DTE Energy Company is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
60‑month range $85.77 – $154.43 · fair‑value band $56.36 – $130.99 · the $128.52 price screens above the $87.58 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan.
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DTE Energy Company engages in energy-related businesses and services. The company operates through four segments: Electric, Gas, DTE Vantage, and Energy Trading.The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, natural gas plant, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates 702 distribution substations with a capacity of approximately 37,870,000 kilovolt-amperes (kVA) and approximately 4,56,900 line transformers with a capacity of approximately 33,770,000 kVA. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.4 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 21,000 miles of distribution mains; 1,242,000 service pipelines; and 1,361,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as compressed air supply to industrial customers. This segment also owns and operates 2 renewable generating plants with a capacity of 70 MWs; and 22 gas recovery sites. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.
Stock analysis
DTE Energy Company (DTE) currently trades at $128.52, while our model-based Fair Value estimate is $87.58, implying the stock looks roughly 46.7% overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $106.63 per share, and 0 of the 15 models we run sit above the $128.52 price.
Bear case: the Earnings-Based group reads lowest at $32.75, and 15 of the 15 models stay below the price. Evidence for this calculation is high.
Scenario range: $56.36 (bear) to $130.99 (bull), the price of $128.52 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Utilities sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
DTE Energy Company reported revenue of $15.8B in FY2025 versus $15.0B in FY2021, a compound +1.4%/yr. Reported net income was $1.5B in FY2025, compounding +12.7%/yr from FY2021.
Key figures
Market cap $31.0B · P/E ratio 21.3 · P/S ratio 1.97 · EPS (TTM) $6.02 · Dividend yield 3.5% · Net margin 9.2% · Return on equity 10.4% · Return on assets (EBIT) 4.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (medium confidence).
What moves the price
The share trades about 16% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −36% fair-value upside, at −32%, DTE screens cheaper than that median.
Fair Value models
Bear $56.36Fair Value $87.58Bull $130.99
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($1.19 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.35/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+26.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−6.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.7%
Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.4%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+5.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.3%
Dividend (yield on the price)3.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.2% vs 4%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.14% → 15%
News mood ⓘNews mood, the average tone of recent news (98 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Regulated Electric · 156 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score45 · Below median
Fair Value upside−36% · Below median
Profitability
Return on equity (TTM)10% · Above median
Return on assets3% · Below median
Net margin (TTM)8% · Below median
Operating margin (TTM)10% · Below median
Growth and dividend
Revenue growth16% · Top 25%
Dividend yield (TTM)3.5% · Above median
Balance sheet
Debt / equity1.93× · Highest 25%
Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper
P/E (TTM)21.3× · Pricier than median
P/B2.52× · Priciest 25%
P/S (TTM)1.88× · Pricier than median
EV/EBITDA15.4× · Priciest 25%
PEG2.09× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)79· sector 32
PAST (return on equity)42· sector 39
HEALTH (low debt)3· sector 53
DIVIDEND (yield)69· sector 68
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "DTE Energy Company Fair Value". https://www.fairvalue-calculator.com/stock/DTE
Frequently asked questions
Is DTE Energy Company (DTE) overvalued or undervalued?
As of Sep 18, 2026, our model estimates a fair value of $87.58 versus a price of $128.52, about −32% upside (overvalued).
What is the fair value of DTE?
Our model-based fair value for DTE Energy Company is $87.58 (as of Sep 18, 2026), built from audited fundamentals. The current price: $128.52.
What is the quality score of DTE?
DTE Energy Company has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for DTE Energy Company (DTE)?
Our model-based price target is the fair value of $87.58 (as of Sep 18, 2026) from 15 valuation models. Cautious scenario $56.36, optimistic scenario $130.99. It is a calculation from audited fundamentals, not an analyst target.
What is the DTE Energy Company stock forecast for 2026?
Our models put fair value at $87.58, about −32% upside versus a price of $128.52 (overvalued). Cautious scenario $56.36, optimistic scenario $130.99. The calculation is refreshed regularly with new filings.
What is the revenue of DTE Energy Company (DTE)?
DTE Energy Company reported trailing-twelve-month revenue of about $16.5B (latest available figure, as of Sep 18, 2026).
Does DTE Energy Company pay a dividend?
DTE Energy Company currently shows a dividend yield of about 3.45% relative to its recent price (as of Sep 18, 2026).
What is the intrinsic value of DTE Energy Company (DTE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For DTE Energy Company it is $87.58 per share (as of Sep 18, 2026), against a price of $128.52. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is DTE Energy Company stock overvalued or undervalued in 2026?
As of Sep 18, 2026, DTE trades above its calculated fair value: price $128.52, fair value $87.58, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DTE?
No. The price is what the market pays today ($128.52); the fair value is what the company's own numbers justify ($87.58). For DTE Energy Company the two are $40.94 per share apart. That gap is exactly why we show both numbers side by side.
How much is DTE Energy Company worth?
The market values DTE Energy Company at about $31.0B (market capitalisation, as of Sep 18, 2026). Per share that is $128.52; our models calculate a fair value of $87.58 per share.
What do the bullish and bearish scenarios say about DTE?
Our models span a range for DTE Energy Company: cautious scenario $56.36, base $87.58, optimistic $130.99 per share (as of Sep 18, 2026, price $128.52). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DTE?
DTE Energy Company trades at a price-to-earnings ratio of 21.3 (as of Sep 18, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $87.58 is built from several models across several years. Other multiples: PEG 2.1, P/B 2.5, P/S 1.9, EV/EBITDA 15.4.
What is the PEG ratio of DTE?
The PEG ratio of DTE Energy Company is 2.09 (P/E divided by earnings growth, as of Sep 18, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of DTE Energy Company (DTE)?
Balance-sheet figures for DTE Energy Company (as of Sep 18, 2026): return on equity 10.4%, debt of 1.93 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is DTE from its 52-week high?
DTE Energy Company trades at $128.52, about 16% below its 52-week high of $153.72 and 3% above the low of $125.25 (as of Sep 18, 2026). Distance from the high says nothing about value: that is what the fair value of $87.58 is for.
Which stocks are comparable to DTE Energy Company?
From the same area (Utilities) we also value NextEra Energy, Inc, The Southern Company, Duke Energy Corporation, National Grid plc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is DTE Energy Company stock attractive at the current price?
The data as of Sep 18, 2026: price $128.52, calculated fair value $87.58 (−32%), Quality Score 45/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DTE calculated?
We run DTE Energy Company through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $87.58, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 16.1 % above its aggregate fair value. DTE Energy Company itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of DTE Energy Company (DTE)?
The closing price on Sep 18, 2026 was $128.52. Our model-based fair value is $87.58, about −32% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with DTE Energy Company right now?
Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($56.36 to $130.99) leaves room in how you read the outcome.
Where does the earnings growth of DTE Energy Company (DTE) come from?
Earnings per share at DTE Energy Company grew +4.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +0.7 %, EBIT margin +2.6 %, tax rate +2.8 %, residual (interest, one-offs) −1.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of DTE Energy Company
How large is the market capitalisation of DTE Energy Company (DTE)?
The market capitalisation of DTE Energy Company is $31.0B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of DTE Energy Company (DTE)?
The price-to-sales ratio of DTE Energy Company is 1.97 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of DTE Energy Company (DTE)?
Earnings per share at DTE Energy Company are $6.02 (price ÷ EPS = P/E 21.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of DTE Energy Company (DTE)?
The dividend yield of DTE Energy Company is 3.5% (payout 73.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of DTE Energy Company (DTE)?
The net margin of DTE Energy Company is 9.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of DTE Energy Company (DTE)?
The return on equity (ROE) of DTE Energy Company is 10.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of DTE Energy Company (DTE)?
On an EBIT basis the return on assets of DTE Energy Company is 4.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of DTE Energy Company (DTE)?
The operating margin of DTE Energy Company is 10.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at DTE Energy Company (DTE)?
Revenue at DTE Energy Company is growing +15.8% versus a year earlier (3y avg −6.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at DTE Energy Company (DTE)?
Earnings per share at DTE Energy Company are growing −44.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does DTE Energy Company (DTE) generate?
The free cash flow of DTE Energy Company is −$1.0B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does DTE Energy Company (DTE) carry?
The net debt of DTE Energy Company is $26.3B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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